Fund Management
Private Banks, Wealth Managers Join Big Exchange Programme

From launch, The Big Exchange will offer funds to retail investors, charging among the lowest possible rates in the market, while investing in businesses that have a positive impact on society and the planet.
Geneva-based Union
Bancaire Privée, as a founding member, is supporting a
UK-based mobile services proposition to widen access to financial
services. The private bank joins other wealth management entities
such as Pictet, C Hoare & Co, and Quilter.
From launch, The Big Exchange will offer funds to retail
investors, charging amongst the lowest possible rates in the
market, while investing in businesses that have a positive impact
on society and the planet, UBP said in a statement
yesterday.
The Big Exchange was co-founded by The Big Issue
magazine. The Positive Impact Equity strategy will be available
on The Big Exchange when it launches and other UBP sustainable
funds will join in due course. The Positive Impact Equity
strategy offers investors exposure to a focussed portfolio of
listed equities aligned to the UN’s Sustainable Development
Goals, including companies with revenue streams which address the
world’s most pressing environmental and societal challenges, UBP
said.
The Big Exchange will charge a fee of 25 basis points, or £0.25
for every £100 invested, for accessing these funds, excluding
management fees.
“An engaged and informed retail investment community is key to
the success of impact investing. Together with the other founding
members, we are aiming to provide retail investors with an
accessible, modern and clear platform, which empowers them to
make choices which align their financial goals with their views
on the planet and society,” Jean-Luc Eyssautier, head of UK sales
and marketing at Union Bancaire Privée, said.